PRIX index: Difference between revisions
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The '''PRIX index''' is a financial indicator for international oil markets.<ref>{{cite news |newspaper=Oil&Gas Financial Journal |url=http://www.ogfj.com/articles/print/volume-12/issue-8/features/quantifying-political-risk.html |title=Quantifying Political Risk |date= 2015-08-07 |accessdate=2015-09-26}}</ref> The [[index]] forecasts and sums up political risks in the world’s 20 largest oil exporting countries that may affect supply of oil to international markets.<ref>{{cite news |newspaper=Alberta Oil Magazine |url=http://www.albertaoilmagazine.com/2015/06/36733/ |title=Nuclear Negotiations, Restructuring at Chevron and a New Political Risk Index for Oil Markets |date= 2015-06-29 |accessdate=2015-09-26}}</ref><ref>{{cite news |newspaper=Scandinavian Oil-Gas Magazine |url=http://www.scandoil.com/moxie-bm2/news/prix-index-q3-indicates-rising-oil-exports.shtml |title=PRIX index Q3 indicates rising oil exports |date= 2015-07-01 |accessdate=2015-09-26}}</ref> It is based on the same methodology as a [[Purchasing Managers' Index]]. The index is produced by an unpaid network of experts and is published for free on the internet.<ref>{{cite webpage |url=http://prixindex.net |title=PRIX}}</ref> |
The '''PRIX index''' is a financial indicator for international oil markets.<ref>{{cite news |newspaper=Oil&Gas Financial Journal |url=http://www.ogfj.com/articles/print/volume-12/issue-8/features/quantifying-political-risk.html |title=Quantifying Political Risk |date= 2015-08-07 |accessdate=2015-09-26}}</ref> The [[index]] forecasts and sums up political risks in the world’s 20 largest oil exporting countries that may affect supply of oil to international markets.<ref>{{cite news |newspaper=Alberta Oil Magazine |url=http://www.albertaoilmagazine.com/2015/06/36733/ |title=Nuclear Negotiations, Restructuring at Chevron and a New Political Risk Index for Oil Markets |date= 2015-06-29 |accessdate=2015-09-26}}</ref><ref>{{cite news |newspaper=Scandinavian Oil-Gas Magazine |url=http://www.scandoil.com/moxie-bm2/news/prix-index-q3-indicates-rising-oil-exports.shtml |title=PRIX index Q3 indicates rising oil exports |date= 2015-07-01 |accessdate=2015-09-26}}</ref> It is based on the same methodology as a [[Purchasing Managers' Index]]. The index is produced by an unpaid network of experts and is published for free on the internet.<ref>{{cite webpage |url=http://prixindex.net |title=PRIX}}</ref> |
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Variations in oil exports are an important component of global oil price formation.<ref>{{Cite web|url = http://www.oxfordenergy.org/wpcms/wp-content/uploads/2011/03/WPM40-AnAnatomyoftheCrudeOilPricingSystem-BassamFattouh-2011.pdf|title = An Anatomy of the Crude Oil Pricing System|date = The Oxford Institute for Energy Studies|accessdate = |website = |publisher = |last = |first = }}</ref> Thus, the PRIX index forecast may help identify potential trajectories of international [[price of oil]] on a quarterly basis. However, other factors (not only political risks) may also affect global balance between supply and demand of oil and thus shape the oil price.<ref>{{Cite web|url = http://www.aamcompany.com/wp-content/uploads/AAM-Thought-Leadership-A-Detailed-Analysis-into-the-Fundamental-Factors-Affecting-Crude-Oil-Prices-12-02-141.pdf|title = |date = |accessdate = |website = |publisher = |last = |first = }}</ref> |
Variations in oil exports are an important component of global oil price formation.<ref>{{Cite web|url = http://www.oxfordenergy.org/wpcms/wp-content/uploads/2011/03/WPM40-AnAnatomyoftheCrudeOilPricingSystem-BassamFattouh-2011.pdf|title = An Anatomy of the Crude Oil Pricing System|date = The Oxford Institute for Energy Studies|accessdate = |website = |publisher = |last = |first = }}</ref> Thus, the PRIX index forecast may help identify potential trajectories of international [[price of oil]] on a quarterly basis. However, other factors (not only political risks) may also affect global balance between supply and demand of oil and thus shape the oil price.<ref>{{Cite web|url = http://www.aamcompany.com/wp-content/uploads/AAM-Thought-Leadership-A-Detailed-Analysis-into-the-Fundamental-Factors-Affecting-Crude-Oil-Prices-12-02-141.pdf|title = A Detailed Analysis Into the Fundamental Factors Affecting Crude Oil Prices|date = |accessdate = |website = |publisher = |last = |first = }}</ref> |
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==References== |
==References== |
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Revision as of 17:39, 5 November 2015
The PRIX index is a financial indicator for international oil markets.[1] The index forecasts and sums up political risks in the world’s 20 largest oil exporting countries that may affect supply of oil to international markets.[2][3] It is based on the same methodology as a Purchasing Managers' Index. The index is produced by an unpaid network of experts and is published for free on the internet.[4]
Variations in oil exports are an important component of global oil price formation.[5] Thus, the PRIX index forecast may help identify potential trajectories of international price of oil on a quarterly basis. However, other factors (not only political risks) may also affect global balance between supply and demand of oil and thus shape the oil price.[6]
References
- ^ "Quantifying Political Risk". Oil&Gas Financial Journal. 2015-08-07. Retrieved 2015-09-26.
- ^ "Nuclear Negotiations, Restructuring at Chevron and a New Political Risk Index for Oil Markets". Alberta Oil Magazine. 2015-06-29. Retrieved 2015-09-26.
- ^ "PRIX index Q3 indicates rising oil exports". Scandinavian Oil-Gas Magazine. 2015-07-01. Retrieved 2015-09-26.
- ^ "PRIX".
- ^ "An Anatomy of the Crude Oil Pricing System" (PDF). The Oxford Institute for Energy Studies.
{{cite web}}: Check date values in:|date=(help) - ^ "A Detailed Analysis Into the Fundamental Factors Affecting Crude Oil Prices" (PDF).